United Kingdom (UK) Electricity Retailing Market Summary, Competitive Analysis and Forecast to 2028
United Kingdom (UK) Electricity Retailing Market Summary, Competitive Analysis and Forecast to 2028
Summary
Electricity Retailing in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Summary
Electricity Retailing in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The electricity retailing market includes net consumption of electricity by end-users. By end-use, the market is segmented into industrial, transportation, commercial & public services, residential, and others. The scope of others includes agriculture, forestry, and the fishing industry's net electricity consumption.
- The UK electricity retailing market recorded revenues of $63.1 billion in 2023, representing a negative compound annual growth rate (CAGR) of 0.5% between 2018 and 2023.
- Market consumption volumes declined with a negative CAGR of 1.7% between 2018 and 2023, to reach a total of 287.3 TWh in 2023.
- The rise in electricity prices is driving the revenues of the market. In 2023, the revenues of the UK electricity retailing market witnessed an annual growth of 1.9%.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the electricity retailing market in the United Kingdom
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the electricity retailing market in the United Kingdom
- Leading company profiles reveal details of key electricity retailing market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United Kingdom electricity retailing market with five year forecasts by both value and volume
- What was the size of the United Kingdom electricity retailing market by value in 2023?
- What will be the size of the United Kingdom electricity retailing market in 2028?
- What factors are affecting the strength of competition in the United Kingdom electricity retailing market?
- How has the market performed over the last five years?
- How large is the United Kingdom’s electricity retailing market in relation to its regional counterparts?
1 EXECUTIVE SUMMARY
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market share
1.8. Market rivalry
1.9. Competitive landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
3.2. Market volume
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
5.2. Market volume forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Market share
7.2. Who are the leading players?
7.3. What strategies do the leading players follow?
7.4. What deals and investments have leading players made in recent years?
8 COMPANY PROFILES
8.1. Octopus Energy Ltd
8.2. Ovo Energy Ltd
8.3. E.ON SE
8.4. British Gas Ltd
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market share
1.8. Market rivalry
1.9. Competitive landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
3.2. Market volume
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
5.2. Market volume forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Market share
7.2. Who are the leading players?
7.3. What strategies do the leading players follow?
7.4. What deals and investments have leading players made in recent years?
8 COMPANY PROFILES
8.1. Octopus Energy Ltd
8.2. Ovo Energy Ltd
8.3. E.ON SE
8.4. British Gas Ltd
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
LIST OF TABLES
Table 1: United Kingdom electricity retailing market value: $ billion, 2018-23
Table 2: United Kingdom electricity retailing market volume: TWh, 2018-23
Table 3: United Kingdom electricity retailing market category segmentation: % share, by volume, 2018-2023
Table 4: United Kingdom electricity retailing market category segmentation: TWh, 2018-2023
Table 5: United Kingdom electricity retailing market geography segmentation: $ billion, 2023
Table 6: United Kingdom electricity retailing market value forecast: $ billion, 2023-28
Table 7: United Kingdom electricity retailing market volume forecast: TWh, 2023-28
Table 8: United Kingdom electricity retailing market share: % share, by volume, 2023
Table 9: Octopus Energy Ltd: key facts
Table 10: Octopus Energy Ltd: Key Employees
Table 11: Ovo Energy Ltd: key facts
Table 12: Ovo Energy Ltd: Key Employees
Table 13: E.ON SE: key facts
Table 14: E.ON SE: Annual Financial Ratios
Table 15: E.ON SE: Key Employees
Table 16: British Gas Ltd: key facts
Table 17: British Gas Ltd: Key Employees
Table 18: United Kingdom size of population (million), 2019-23
Table 19: United Kingdom gdp (constant 2005 prices, $ billion), 2019-23
Table 20: United Kingdom gdp (current prices, $ billion), 2019-23
Table 21: United Kingdom inflation, 2019-23
Table 22: United Kingdom consumer price index (absolute), 2019-23
Table 23: United Kingdom exchange rate, 2019-23
Table 1: United Kingdom electricity retailing market value: $ billion, 2018-23
Table 2: United Kingdom electricity retailing market volume: TWh, 2018-23
Table 3: United Kingdom electricity retailing market category segmentation: % share, by volume, 2018-2023
Table 4: United Kingdom electricity retailing market category segmentation: TWh, 2018-2023
Table 5: United Kingdom electricity retailing market geography segmentation: $ billion, 2023
Table 6: United Kingdom electricity retailing market value forecast: $ billion, 2023-28
Table 7: United Kingdom electricity retailing market volume forecast: TWh, 2023-28
Table 8: United Kingdom electricity retailing market share: % share, by volume, 2023
Table 9: Octopus Energy Ltd: key facts
Table 10: Octopus Energy Ltd: Key Employees
Table 11: Ovo Energy Ltd: key facts
Table 12: Ovo Energy Ltd: Key Employees
Table 13: E.ON SE: key facts
Table 14: E.ON SE: Annual Financial Ratios
Table 15: E.ON SE: Key Employees
Table 16: British Gas Ltd: key facts
Table 17: British Gas Ltd: Key Employees
Table 18: United Kingdom size of population (million), 2019-23
Table 19: United Kingdom gdp (constant 2005 prices, $ billion), 2019-23
Table 20: United Kingdom gdp (current prices, $ billion), 2019-23
Table 21: United Kingdom inflation, 2019-23
Table 22: United Kingdom consumer price index (absolute), 2019-23
Table 23: United Kingdom exchange rate, 2019-23
LIST OF FIGURES
Figure 1: United Kingdom electricity retailing market value: $ billion, 2018-23
Figure 2: United Kingdom electricity retailing market volume: TWh, 2018-23
Figure 3: United Kingdom electricity retailing market category segmentation: TWh, 2018-2023
Figure 4: United Kingdom electricity retailing market geography segmentation: % share, by value, 2023
Figure 5: United Kingdom electricity retailing market value forecast: $ billion, 2023-28
Figure 6: United Kingdom electricity retailing market volume forecast: TWh, 2023-28
Figure 7: Forces driving competition in the electricity retailing market in the United Kingdom, 2023
Figure 8: Drivers of buyer power in the electricity retailing market in the United Kingdom, 2023
Figure 9: Drivers of supplier power in the electricity retailing market in the United Kingdom, 2023
Figure 10: Factors influencing the likelihood of new entrants in the electricity retailing market in the United Kingdom, 2023
Figure 11: Factors influencing the threat of substitutes in the electricity retailing market in the United Kingdom, 2023
Figure 12: Drivers of degree of rivalry in the electricity retailing market in the United Kingdom, 2023
Figure 13: United Kingdom electricity retailing market share: % share, by volume, 2023
Figure 1: United Kingdom electricity retailing market value: $ billion, 2018-23
Figure 2: United Kingdom electricity retailing market volume: TWh, 2018-23
Figure 3: United Kingdom electricity retailing market category segmentation: TWh, 2018-2023
Figure 4: United Kingdom electricity retailing market geography segmentation: % share, by value, 2023
Figure 5: United Kingdom electricity retailing market value forecast: $ billion, 2023-28
Figure 6: United Kingdom electricity retailing market volume forecast: TWh, 2023-28
Figure 7: Forces driving competition in the electricity retailing market in the United Kingdom, 2023
Figure 8: Drivers of buyer power in the electricity retailing market in the United Kingdom, 2023
Figure 9: Drivers of supplier power in the electricity retailing market in the United Kingdom, 2023
Figure 10: Factors influencing the likelihood of new entrants in the electricity retailing market in the United Kingdom, 2023
Figure 11: Factors influencing the threat of substitutes in the electricity retailing market in the United Kingdom, 2023
Figure 12: Drivers of degree of rivalry in the electricity retailing market in the United Kingdom, 2023
Figure 13: United Kingdom electricity retailing market share: % share, by volume, 2023
